What exactly do auditors do?

Auditors in East London are responsible for examining the financial and organisational operations of a business or person. They check that all parties are complying with the regulations set out by the relevant authorities.

Why are auditors necessary?

Auditors ensures that businesses, organisations and people are complying with industry standards and undergoing legal practices. If there is evidence of non-compliance, the relevant authorities can investigate the situation and take further action if necessary.

Do auditors/ inspectors undergo an auditing process?

Yes, all auditors should be audited. This helps to avoid errors and discrimination within the auditing process. The Independent Regulatory Board for Auditors (IRBA) is responsible for regulating auditing standards in South Africa.

What happens when you have been successfully audited?

You will receive a certificate of compliance when you have been successfully audited. It acts as proof that all operations are legal and meet industry standards. However, if the person, business or organisation is non-compliant they will undergo further investigation which could result in legal action.

How do I make sure that the auditing process is successful?

You can ensure an audit is successful by checking that you are 100% compliant with the law and industry regulations. All businesses can benefit from having a lawyer or legal team to monitor the business’s practices.

What are the benefits of private auditing?

Private auditing is not always necessary. However, a private audit report can give businesses in East London an indication of their current compliance status. It allows for the necessary changes to be made before facing serious consequences.

What kind of companies need to be audited?

1. Public companies listed on an exchange 2. State-owned companies funded or run by the government 3. Private companies with a public interest score of at least 350 4. Personal liability company 5. Non-profit companies There are different requirements for different businesses, organisations and people. State-owned companies and public companies in East London must be audited. In addition, private companies and public figures in East London must be audited to if it’s within the public’s interest. There is a public interest scoring system that determines whether the auditing is necessary. It generally applies to large corporations, politicians, business owners and celebrities. Not all businesses in East London need to be audited.

How often does auditing take place?

It varies depending on the industry. However, auditing generally takes place once every financial year. In addition, auditing might take place more than once if the business is under investigation for non-compliance or if a new audit report would serve public interest.

Are audit reports 100% accurate?

Audit reports are as accurate as possible. However, it’s impossible to monitor all the practices of a business, organisation or person. Sometimes, transactions take place that are not detected. However, there are reputable auditing firms in South Africa in East London which are known for producing fair and accurate auditing reports.

Featured Auditors near East London

ANF 2 Consulting

Vincent, East London

It’s passion, not only work!. We are accountants who delivering a seamless, consistent and high-quality client service is therefore our promise to our clients. Our values guide and drive our behaviours in a way that will help us achieve our p...

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Kungathi Imperium Accountants

East London

Empowering Growth Through Financial Clarity. Kungathi Imperium (Pty) Ltd is a trusted financial management and advisory firm with a strong track record of supporting SMEs, Section 21 schools, and non-profit organizations across South Africa. ...

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Xokiyana And Co Registered Accountants

Services East London

Auditing, Accounting, Taxation and Advisory services. multidisciplinary firm comprising of young dedicated and dynamic professionals who have gained vast exposure in the various disciplines of business. The members and staff of the firm ...

1 review

by BRUCE, 081****955

Service has been very good and efficient. Lundi has been helpful over the years and has provided my business with some helpful information and advice. I would highly recommend his services to anyone.

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Mulo Consulting Services

Cambridge, East London

We invest in Good relations. Mulo consulting is a company which comprises a team of young vibrant Asset Auditors, GIS specialists, CISA (information systems Auditors) The company has individual experiences the following clients. CHD Municipa...

1 review

by Ruvimbo, 064****310

Every Professional and reliable the work was impressive

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Morar Incorporated

East London

Global Quality, African Solutions. Morar Incorporated is a national firm of Chartered Accountants and Registered Auditors dedicated to the practice of auditing, investigations, financial management, supply chain management, consulting, forens...

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Sima Outsourcing

Services East London

Business plans done in 1 day ( R2000 for 1-2 pages) R5000 incl cash forecasts to win any business funding! Full refund if funding not approved!. ARE U Audit ready? We prepare your Files for audits- designing Internal controls frameworks for ...

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S Haynes And Associates Inc

Vincent, East London

At S Haynes & Associates Inc. we aim to achieve excellence through service for our clients and potential clients, regarding their accounting, auditing and related requirements....

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Moore Stephens

Vincent, East London

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Frequently Asked Questions

What exactly do auditors do?
Auditors in East London are responsible for examining the financial and organisational operations of a business or person. They check that all parties are complying with the regulations set out by the relevant authorities.
Why are auditors necessary?
Auditors ensures that businesses, organisations and people are complying with industry standards and undergoing legal practices. If there is evidence of non-compliance, the relevant authorities can investigate the situation and take further action if necessary.
Do auditors/ inspectors undergo an auditing process?
Yes, all auditors should be audited. This helps to avoid errors and discrimination within the auditing process. The Independent Regulatory Board for Auditors (IRBA) is responsible for regulating auditing standards in South Africa.
What happens when you have been successfully audited?
You will receive a certificate of compliance when you have been successfully audited. It acts as proof that all operations are legal and meet industry standards. However, if the person, business or organisation is non-compliant they will undergo further investigation which could result in legal action.
How do I make sure that the auditing process is successful?
You can ensure an audit is successful by checking that you are 100% compliant with the law and industry regulations. All businesses can benefit from having a lawyer or legal team to monitor the business’s practices.
What are the benefits of private auditing?
Private auditing is not always necessary. However, a private audit report can give businesses in East London an indication of their current compliance status. It allows for the necessary changes to be made before facing serious consequences.
What kind of companies need to be audited?
1. Public companies listed on an exchange

2. State-owned companies funded or run by the government

3. Private companies with a public interest score of at least 350

4. Personal liability company

5. Non-profit companies

There are different requirements for different businesses, organisations and people. State-owned companies and public companies in East London must be audited. In addition, private companies and public figures in East London must be audited to if it’s within the public’s interest. There is a public interest scoring system that determines whether the auditing is necessary. It generally applies to large corporations, politicians, business owners and celebrities. Not all businesses in East London need to be audited.
How often does auditing take place?
It varies depending on the industry. However, auditing generally takes place once every financial year. In addition, auditing might take place more than once if the business is under investigation for non-compliance or if a new audit report would serve public interest.
Are audit reports 100% accurate?
Audit reports are as accurate as possible. However, it’s impossible to monitor all the practices of a business, organisation or person. Sometimes, transactions take place that are not detected. However, there are reputable auditing firms in South Africa in East London which are known for producing fair and accurate auditing reports.

Quote requests posted by other customers for auditors

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Featured Auditors near East London

What exactly do auditors do?

Why are auditors necessary?

Do auditors/ inspectors undergo an auditing process?

What happens when you have been successfully audited?

How do I make sure that the auditing process is successful?

What are the benefits of private auditing?

What kind of companies need to be audited?

How often does auditing take place?

Are audit reports 100% accurate?

Quote requests posted by other customers for auditors

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